The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...

BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.

As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations created one such institution, the “ Net Zero Asset Managers Initiative ,” ...

The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the ...

Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...

Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...